Marriott International Inc (MAR) Position Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in Marriott International Inc (NASDAQ:MAR) by 9.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,846 shares of the company’s stock after buying an additional 6,660 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Marriott International were worth $10,277,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Summit Trail Advisors LLC raised its holdings in shares of Marriott International by 46.4% during the first quarter. Summit Trail Advisors LLC now owns 3,937 shares of the company’s stock valued at $262,000 after purchasing an additional 1,248 shares during the period. DnB Asset Management AS raised its holdings in shares of Marriott International by 3.7% during the second quarter. DnB Asset Management AS now owns 38,963 shares of the company’s stock valued at $4,933,000 after purchasing an additional 1,400 shares during the period. Abner Herrman & Brock LLC raised its holdings in shares of Marriott International by 0.3% during the second quarter. Abner Herrman & Brock LLC now owns 170,387 shares of the company’s stock valued at $21,571,000 after purchasing an additional 526 shares during the period. Clinton Group Inc. acquired a new position in shares of Marriott International during the second quarter valued at about $2,283,000. Finally, IFM Investors Pty Ltd raised its holdings in shares of Marriott International by 41.5% during the second quarter. IFM Investors Pty Ltd now owns 13,723 shares of the company’s stock valued at $1,737,000 after purchasing an additional 4,022 shares during the period. Institutional investors and hedge funds own 61.94% of the company’s stock.

In other Marriott International news, Director Frederick A. Henderson bought 1,640 shares of the stock in a transaction that occurred on Thursday, August 9th. The shares were bought at an average price of $120.84 per share, for a total transaction of $198,177.60. Following the acquisition, the director now directly owns 1,640 shares of the company’s stock, valued at approximately $198,177.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 12.99% of the company’s stock.

MAR opened at $121.09 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 2.95. Marriott International Inc has a fifty-two week low of $106.96 and a fifty-two week high of $149.21. The stock has a market capitalization of $40.00 billion, a P/E ratio of 27.77, a price-to-earnings-growth ratio of 1.71 and a beta of 1.33.

Marriott International (NASDAQ:MAR) last posted its earnings results on Monday, August 6th. The company reported $1.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.37. Marriott International had a net margin of 7.31% and a return on equity of 52.81%. The company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.90 billion. During the same quarter in the prior year, the business posted $1.13 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. Equities analysts forecast that Marriott International Inc will post 5.88 EPS for the current fiscal year.

Several equities analysts have recently weighed in on MAR shares. Zacks Investment Research upgraded shares of Marriott International from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a report on Tuesday, August 14th. Longbow Research started coverage on shares of Marriott International in a report on Friday, September 7th. They set a “buy” rating and a $156.00 price objective on the stock. Morgan Stanley lowered shares of Marriott International from an “overweight” rating to an “equal” rating and set a $129.00 price objective on the stock. in a report on Tuesday, July 24th. Barclays dropped their price objective on shares of Marriott International from $148.00 to $141.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 8th. Finally, SunTrust Banks reiterated a “hold” rating and set a $136.00 price objective on shares of Marriott International in a report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $144.23.

Marriott International Profile

Marriott International, Inc operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and Asia Pacific. It operates its properties under the JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St.

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Institutional Ownership by Quarter for Marriott International (NASDAQ:MAR)

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